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Question

Given the following data, estimate the coefficient of QD:
15, 20, 23, 23, 25, 25, 27, 40

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Solution

Given data series:
15, 20, 23, 23, 25, 25, 27, 40
Here, N = 8
Q1=size of 8+14th=size of 2.25th item =size of 2nd item+0.25 size of 3rd item-size of 2nd item =20+0.2523-20=20.75Q3=size of 38+14thitem=size of 6.75th item =size of 6th item+0.75 size of 7th item-size of 6th item =25+0.7527-25=26.5
Coefficient of Q.D.=Q3 - Q1Q3 + Q1=26.5-20.7526.5+20.75=0.121

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